$BTC Bitcoin just cleared out the lower-side liquidity and has pumped above the $100K mark. Sounds bullish, right? Well, not so fast.
At this point, there are two possible scenarios playing out:
1. Bull Trap Alert – The market might be setting up a classic bull trap to lure in long positions before pulling back hard. This would mean we’re in for a deeper dip after this minor $PUMP
2. Recovery in Progress? – On the flip side, BTC could be bouncing back from recent geopolitical tensions, especially the impact of ongoing war-driven uncertainty.$BTC
Between the two, the first scenario seems more likely. Right now, the market direction is unclear, and this is typically when fakeouts start flying. Expect some choppy price action aimed at trapping traders on both sides.
Until we get a clear catalyst—be it good or bad news—staying cautious is key. I recommend keeping position sizes small during this phase. As I’ve said earlier, spot buying makes sense right now, especially for long-term plays.
📉 Don’t fall for the traps. Stay smart. Stay patient.
#NextFedChairCandidate #BinanceAlphaAlert #SaylorBTCPurchase
